February 2017 German HICP and CPI flash data report 1 March 2017
– 0.6% vs 0.6% exp m/m. Prior -0.8%
– CPI 2.2% vs 2.1% exp y/y. Prior 1.9%
– 0.7% vs 0.6% exp m/m. Prior -0.6%
Not a surprise to see it beating expectations. HICP now matches highs last seen in Aug 2012.